Domino’s Pizza, Inc. (NYSE:DPZ) Shares Sold by Westwood Holdings Group Inc.

Westwood Holdings Group Inc. lowered its holdings in Domino’s Pizza, Inc. (NYSE:DPZ) by 44.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 118,657 shares of the restaurant operator’s stock after selling 95,441 shares during the period. Westwood Holdings Group Inc. owned approximately 0.34% of Domino’s Pizza worth $61,266,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in DPZ. Blue Trust Inc. increased its holdings in Domino’s Pizza by 162.5% in the 2nd quarter. Blue Trust Inc. now owns 63 shares of the restaurant operator’s stock valued at $31,000 after purchasing an additional 39 shares in the last quarter. Crewe Advisors LLC purchased a new stake in shares of Domino’s Pizza during the 1st quarter valued at about $36,000. Versant Capital Management Inc lifted its position in Domino’s Pizza by 654.5% during the 2nd quarter. Versant Capital Management Inc now owns 83 shares of the restaurant operator’s stock worth $43,000 after acquiring an additional 72 shares in the last quarter. Quadrant Capital Group LLC boosted its holdings in Domino’s Pizza by 41.8% in the 4th quarter. Quadrant Capital Group LLC now owns 112 shares of the restaurant operator’s stock worth $46,000 after acquiring an additional 33 shares during the period. Finally, ORG Partners LLC acquired a new stake in Domino’s Pizza in the second quarter valued at approximately $62,000. Hedge funds and other institutional investors own 94.63% of the company’s stock.

Wall Street Analysts Forecast Growth

DPZ has been the topic of a number of recent research reports. BMO Capital Markets reduced their target price on shares of Domino’s Pizza from $525.00 to $510.00 and set an “outperform” rating on the stock in a research report on Wednesday, September 11th. Loop Capital restated a “hold” rating and set a $419.00 target price on shares of Domino’s Pizza in a research note on Friday. Oppenheimer cut their price target on Domino’s Pizza from $510.00 to $490.00 and set an “outperform” rating on the stock in a research note on Friday, September 6th. Baird R W upgraded Domino’s Pizza from a “hold” rating to a “strong-buy” rating in a report on Monday, July 8th. Finally, Stephens cut their target price on Domino’s Pizza from $493.00 to $430.00 and set an “equal weight” rating on the stock in a research report on Friday, July 19th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating, nineteen have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $507.93.

Domino’s Pizza Trading Up 0.7 %

NYSE DPZ opened at $414.42 on Friday. The company has a 50-day moving average price of $425.01 and a two-hundred day moving average price of $472.37. The stock has a market cap of $14.45 billion, a price-to-earnings ratio of 27.05, a price-to-earnings-growth ratio of 2.14 and a beta of 0.86. Domino’s Pizza, Inc. has a 52 week low of $330.05 and a 52 week high of $542.75.

Domino’s Pizza (NYSE:DPZ) last posted its earnings results on Thursday, July 18th. The restaurant operator reported $4.03 EPS for the quarter, beating the consensus estimate of $3.68 by $0.35. Domino’s Pizza had a negative return on equity of 14.22% and a net margin of 12.42%. The firm had revenue of $1.10 billion for the quarter, compared to analysts’ expectations of $1.10 billion. During the same period last year, the firm earned $3.08 EPS. The firm’s revenue was up 7.1% compared to the same quarter last year. As a group, equities research analysts expect that Domino’s Pizza, Inc. will post 16.24 earnings per share for the current fiscal year.

Domino’s Pizza Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, September 13th will be issued a $1.51 dividend. This represents a $6.04 annualized dividend and a yield of 1.46%. The ex-dividend date of this dividend is Friday, September 13th. Domino’s Pizza’s payout ratio is currently 39.43%.

Domino’s Pizza Company Profile

Domino's Pizza, Inc, through its subsidiaries, operates as a pizza company in the United States and internationally. The company operates through three segments: U.S. Stores, International Franchise, and Supply Chain. It offers pizzas under the Domino's brand name through company-owned and franchised stores.